Quote from David Merrill:
" Motla68 tends to believe that there is some kind of a funding program inherent with directing the coupon be delivered to the Treasury for Redemption. That is written into the law - "

At is written:
TITLE 12 > CHAPTER 45 > SUBCHAPTER II > § 4421
(2) Over-the-counter derivative instrument
The term “over-the-counter derivative instrument” includes—
(A) any agreement, contract, or transaction, including the terms and conditions incorporated by reference in any such agreement, contract, or transaction, which is an interest rate swap, option, or forward agreement, including a rate floor, rate cap, rate collar, cross-currency rate swap, basis swap, and forward rate agreement; a same day-tomorrow, tomorrow-next, forward, or other foreign exchange or precious metals agreement; a currency swap, option, or forward agreement; an equity index or equity swap, option, or forward agreement; a debt index or debt swap, option, or forward agreement; a credit spread or credit swap, option, or forward agreement; a commodity index or commodity swap, option, or forward agreement; and a weather swap, weather derivative, or weather option;

There is 2 ways to do it, one through a trust to redeem a security (there is many kinds of securities to swap) through IRS,
The other way is through a broker who I spoke directly to had told me what this is called and that I would need a " Credit Swap Broker " to do it.
Please reference the U.S. code above as it is written.

motla68